First Trust Enhanced Short Maturity ETF $FTSM is Uptick Partners LLC’s 5th Largest Position

Uptick Partners LLC raised its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 300,852 shares of the company’s stock after acquiring an additional 12,760 shares during the period. First Trust Enhanced Short Maturity ETF accounts for about 4.7% of Uptick Partners LLC’s holdings, making the stock its 5th biggest position. Uptick Partners LLC owned 0.29% of First Trust Enhanced Short Maturity ETF worth $18,024,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. 360 Financial Inc. increased its stake in First Trust Enhanced Short Maturity ETF by 0.7% in the second quarter. 360 Financial Inc. now owns 28,399 shares of the company’s stock valued at $1,700,000 after purchasing an additional 190 shares during the last quarter. Global Retirement Partners LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 3.1% in the 3rd quarter. Global Retirement Partners LLC now owns 6,754 shares of the company’s stock valued at $405,000 after buying an additional 202 shares during the period. Brookstone Capital Management increased its stake in shares of First Trust Enhanced Short Maturity ETF by 5.6% during the 3rd quarter. Brookstone Capital Management now owns 4,602 shares of the company’s stock valued at $276,000 after acquiring an additional 244 shares during the last quarter. Centerpoint Advisory Group lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.1% during the 2nd quarter. Centerpoint Advisory Group now owns 12,992 shares of the company’s stock worth $778,000 after acquiring an additional 270 shares during the period. Finally, Chicago Partners Investment Group LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 1.1% in the second quarter. Chicago Partners Investment Group LLC now owns 25,318 shares of the company’s stock worth $1,519,000 after acquiring an additional 273 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.93 on Friday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.69 and a 1 year high of $60.14. The firm has a 50 day moving average price of $60.00 and a 200 day moving average price of $60.00.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 3rd. Investors of record on Friday, January 30th will be given a $0.205 dividend. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend is Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 4.1%.

First Trust Enhanced Short Maturity ETF Profile

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.